The First Facility Management Blog

Slightly off topic, but commercial real estate professionals are feeling the pinch of a slowing market in the shadows of the residential downturn. Here’s a comical look at how some people are dealing with the demise of the housing market.

When the real estate market was at its peak, hundreds of thousands of eager first-time investors were chasing the pot of gold at the end of the renovation. TV shows about buying, fixing, and reselling homes on every channel, and a nation of flippers was born.

But now that the market has gone sour, some would-be real estate moguls have arrived a day late and will end up more than a few dollars short. A new online video parody series, Flipper Nation, is a breakout new comedy—a mockumentary series that has been called “The Office” meets “Flip This House.”

It’s a sharp and witty story about two friends attempting to grab their piece of the millions to be made in real estate… and the faulty reasoning they use to justify it. Here’s the first of three episodes:

Flipper Nation: The First Flip

There’s more where this came from at: FlipperNation.com
If you cannot view this video, you can check it out at YouTube instead.

After just a few months, Flipper Nation has already been highlighted as a featured video series on Yahoo, YouTube, MySpace, iTunes, and more. To find out how these naive entrepreneurs make countless (and sometimes hilarious) mistakes—blindly trusting shady mortgage brokers, spending imaginary profits, thinking renovation will be easy and quick—follow their adventures in the rest of the series, which can be found at this link.